Beyonce's Ex-Manager Tries to Aquire Rights to Her Songs with $260 Million by Complex News

Billboard reports that a music IP company, Hipgnosis Songs, founded by Beyoncé's former manager, Merck Mercuriadis, just raised £200 million (or $260 million) of investment capital with the goal of acquiring some of the pop queen's most popular tracks. Mercuriadis, who also managed Guns N' Roses, Elton John, and Diane Warren, won't just be aiming for Bey though. Per Billboard, his company looking to gain "eight catalogs from well-known songwriters, spanning over 1,000 songs, including more than 10 Number 1s in the U.K. and U.S." Before the fundraiser, a former IPO named Adele, Beyoncé, Justin Bieber, and Kanye West as potential musicians to go after. Subscribe to Complex News for More: http://goo.gl/PJeLOl Watch 'Complex Live' on Go90 here: https://www.go90.com/shows/11cHKK3D2iU Check out more of Complex here: http://www.complex.com https://twitter.com/Complex https://www.facebook.com/complex https://www.instagram.com/complex/ https://plus.google.com/+complex/ COMPLEX is a community of creators and curators, armed with the Internet, committed to surfacing and sharing the voices and conversations that define our new America. Our videos exemplify convergence culture, exploring topics that include music, sneakers, style, sports and pop culture through original shows and Complex News segments. Featuring your favorite celebrities, authoritative commentary, and a unique voice, our videos make culture pop.

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